HomeMy WebLinkAboutPH 2 ADOPT CITY BUDGET 7-18-88PUBLIC HEARINGS
TO:
FROM:
SUBJECT:
WILLIAM~~HUSTON, CITY MANAGER
RONALD t.~'~ DIRECTOR OF FINANCE
ADOPT RESOLUTION NO. 88-82 ADOPTING THE CITY BUDGET
FOR FISCAL YEAR 1988-89
RBCOMMENDATION:
At the conclusion of the Public Hearing, adopt Resolution No.
88-82, adopting the City Budget and appropriating revenue of
the City for the fiscal year 1988-89.
DISCUSSION:
The City Council has conducted several Budget Workshops where
'department budgets and .other information was discussed. As a
result of .these Workshops, changes have been made in the Draft
Budget Document as follows:
1. $25,000 has been added to the Genera± Fund for the
Tustin Ranch Road Design Report.
2. $121,500 has been added to the Water Enterprise Fund
for a Geo Base Mapping System and other department
equipment.
3. $300,000 has been"added to the proposed Debt Surcharge
Fund Expenditures to reflect the redemption of the
1991TWW Bonds.
These numbers have been included in the attached Resolution.
RAN:is
RESOLUTION NO. 88-82
A RF~OLUTION OF T~ CITY COUNCIL OF ~ CITY OF TUSTIN
ADOPTINC THE CITY BUDC~T AND APPROPRIATI~ ItgVENUE OF
TH~ CITY FOR TH~ FISCAL 1TAR 1988-89
~, in accordance with Section 1415h of the Tustin City Code,
the City Manager has prepared and submitted to the City Council a
Proposed Annual Budget for the 1988-89 fiscal year, beginning July 1,
1988;"and
W~~, the City Council, as the legislative body of the City,
has reviewed this proposed budget.
NOW, THEREFORE, the City Council of the City of Tustin does hereby
resolve, determine, and order as follows:
11 Section 1. A certain document on file in three (3) copies in the office
of the City Clerk of the City of Tustin, being marked and
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designated "City of Tustin Draft Budget 1988-89." Said
document, as prepared by the City Manager and reviewed and
adjusted by the City Council, is hereby adopted for the
fiscal year commencing July 1, 1988.
Section 2. The following sums of money are hereby appropriated from the
revenues of the City of Tustin for the purposes Stated,
during the 1988-89 fiscal year.
FUNDS APPROPRIATION
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Normal Operations Budget
Capital Improvements
~TALAPP~0P~IA~IONGO~ FUN~
Water Enterprise:
Operations
Capital Improvements
Debt. Service
TOT_AL~O~IATION~~SE
$ 19,037,906
37,904~868
$ 56,942,774
$ 4,548,821
1,118,900
1~215~133
$ 6,882,85~
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PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Tustin, California, held on the day of ,
1988.
RONALD B. HOESTEREY, MAYOR
ATTEST:
MARY E. WYNN, CITY CLERK
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